Former Edward Jones Broker Fired and Expelled from Industry Over Allegations He Misused Elderly Client's Funds

According to records published by the Financial Industry Regulatory Authority
(FINRA), Kerby was terminated from Edward Jones in November 2017 for misusing
client funds for his own benefit.

FINRA followed up with a regulatory examination of the alleged misconduct,
and Kirby refused to cooperate. Because he would not provide the regulator
with requested information, he is permanently barred from the securities
industry. Matthew Kerby was registered with Edward Jones from 2007 to
2017 before being permanently barred from the industry earlier this month.

While most financial advisors are reliable and trustworthy people, some
unscrupulous brokers use their position of trust to take advantage of
their customers by stealing customers’ money. Senior investors can
be particularly vulnerable to this type of misconduct. You can learn more
about broker theft and what to do about it
here. If you believe you or a loved one may be the victim of broker theft,
call Meyer Wilson today for a free case evaluation.